The Haxtun-Fleming Herald - What can we reason but from what we know? -Alexander Pope

Letter to the Editor,

Congress — don’t give the IRS access to consumers’ bank accounts.

Credit unions and banks across the country are jointly opposed to an item being considered as part of the proposed $3.5 trillion reconciliation bill. The bill may include a provision requiring credit unions and banks report to the IRS the account transactions (deposits or withdrawals) of accounts that hold more than $600.

What does this mean for you, the consumer? An invasion of your privacy and potential additional taxes. This proposed fishing expedition is bad for consumers.

The proposal...